How Much House Can You Afford? | LowerMyBills

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Even if you have your heart set on a certain location or type of property when you begin house hunting, your budget plays a big part in deciding which home you end up with. That’s why it’s important to know the answer to this question: “How much house can I afford?”

At the same time, income is just one piece of the puzzle when it comes to buying a home and getting a mortgage. There are many factors that will affect whether you’re approved, and for how much — including your debt-to-income ratio, down payment, credit score, and more.

Annie Yang guides you through the best way to budget for your dream home in the latest video from LowerMyBills!

Featuring Annie Margarita Yang, Personal Finance Writer

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LowerMyBills does not endorse, warrant, or guarantee any financial product, service or company and makes no representation of any rates or financial programs. The content displayed on LowerMyBills or in this video does not provide legal, financial, accounting or tax advice.